- ISIN
- US1281191387
- CUSIP
- 128119138
- Issuer
- Calamos
- Category
- Emerging Markets Equities
- Min. Investment
- $1,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
CNWIX Performance Chart
Calamos Evolving World Growth Fund Class I (CNWIX) is up 21.7% since the beginning of the year. CNWIX is currently trading at $28 per share. Investors who bought $1,000 worth of CNWIX shares 5 years ago would now be looking at an investment worth $1,311.
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Returns By Period
Calamos Evolving World Growth Fund Class I (CNWIX) has returned 21.73% so far this year and 32.42% over the past 12 months. Over the last ten years, CNWIX has returned 9.45% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Calamos Evolving World Growth Fund Class I
- 1D
- 3.40%
- 1M
- -10.76%
- 6M
- 6.84%
- YTD
- 21.73%
- 1Y
- 32.42%
- 3Y*
- 18.04%
- 5Y*
- 5.56%
- 10Y*
- 9.45%
- ALL TIME*
- 6.57%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
CNWIX Monthly Returns History
Based on dividend-adjusted daily data since Aug 18, 2008, CNWIX's average daily return is +0.04%, while the average monthly return is +0.67%. At this rate, an investment would double in approximately 8.7 years.
Historically, 53% of months were positive and 47% were negative. The best month was Apr 2026 with a return of +20.7%, while the worst month was Jul 2026 at -16.3%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 10 months.
On a daily basis, CNWIX closed higher 52% of trading days. The best single day was Jun 19, 2017 with a return of +42.4%, while the worst single day was Jun 20, 2017 at -29.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 13.94% | 9.56% | -13.96% | 20.68% | 12.87% | -0.54% | -16.34% | 21.73% | |||||
| 2025 | -1.09% | -0.21% | -0.79% | 1.01% | 4.46% | 7.49% | 0.33% | 2.56% | 5.36% | 1.55% | -4.29% | 1.93% | 19.29% |
| 2024 | -0.90% | 5.60% | 1.88% | -0.34% | 5.28% | 6.62% | -3.15% | -1.19% | 5.86% | -2.08% | -1.92% | -0.93% | 14.99% |
| 2023 | 9.30% | -7.53% | 3.82% | -3.38% | -3.18% | 4.19% | 5.82% | -4.21% | -4.33% | -4.08% | 8.72% | 3.08% | 6.60% |
| 2022 | -2.09% | -3.20% | -1.10% | -6.88% | -1.41% | -6.78% | -2.78% | -0.18% | -8.04% | -2.85% | 12.13% | -3.02% | -24.35% |
| 2021 | 4.13% | 0.72% | -4.86% | 2.02% | 1.38% | 0.72% | -5.83% | 3.95% | -4.19% | 1.40% | -5.46% | 1.98% | -4.70% |
Benchmark Metrics
Calamos Evolving World Growth Fund Class I has an annualized alpha of 0.03%, beta of 0.75, and R2 of 0.44 versus S&P 500 Index. Calculated based on daily prices since August 18, 2008.
- This fund participated in 89.59% of S&P 500 Index downside but only 75.63% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.44 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 0.03%
- Beta
- 0.75
- R²
- 0.44
- Upside Capture
- 75.63%
- Downside Capture
- 89.59%
Expense Ratio
CNWIX has a high expense ratio of 1.05%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
CNWIX ranks 30 for risk / return — above 30% of mutual funds peers on PortfoliosLab. Its historical combined result is below the peer median.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Calamos Evolving World Growth Fund Class I (CNWIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CNWIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.25 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.38 | 2.00 | -0.63 |
| Martin ratioReturn relative to average drawdown | 4.77 | 8.49 | -3.72 |
Dividends
Dividend History
Calamos Evolving World Growth Fund Class I provided a 0.05% dividend yield over the last twelve months, with an annual payout of $0.01 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.01 | $0.01 | $0.00 | $0.09 | $0.15 | $0.59 | $0.46 | $0.16 | $0.00 | $0.06 | $0.00 | $0.05 |
Dividend yield | 0.05% | 0.06% | 0.00% | 0.54% | 0.97% | 2.79% | 2.01% | 1.04% | 0.00% | 0.42% | 0.00% | 0.38% |
Monthly Dividends
The table displays the monthly dividend distributions for Calamos Evolving World Growth Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.59 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Calamos Evolving World Growth Fund Class I. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Calamos Evolving World Growth Fund Class I was 43.57%, occurring on Oct 24, 2022. Recovery took 812 trading sessions.
The current Calamos Evolving World Growth Fund Class I drawdown is 19.82%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-43.57%Oct 2022 | 1y 8mo | 3y 3mo | 4y 11moFeb 2021 - Jan 2026 | Bear market2022 |
-39.22%Nov 2008 | 2mo 23d | 9mo 22d | 1y 10dAug 2008 - Sep 2009 | Financial crisis2007–2009 |
-37.74%Mar 2020 | 2y 9mo | 4mo 8d | 3y 1moJun 2017 - Jul 2020 | COVID crash2020 |
-28.46%Feb 2016 | 1y 7mo | 1y 4mo | 2y 11moJul 2014 - Jun 2017 | — |
-23.37%Oct 2011 | 5mo 4d | 2y 8mo | 3y 1moMay 2011 - Jun 2014 | — |
Drawdown Indicators
| CNWIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.57% | -56.78% | +13.21% |
Max Drawdown (1Y)Largest decline over 1 year | -22.46% | -9.10% | -13.36% |
Max Drawdown (3Y)Largest decline over 3 years | -22.46% | -18.90% | -3.56% |
Max Drawdown (5Y)Largest decline over 5 years | -36.91% | -25.43% | -11.48% |
Max Drawdown (10Y)Largest decline over 10 years | -43.57% | -33.92% | -9.65% |
Current DrawdownCurrent decline from peak | -19.82% | -1.58% | -18.24% |
Average DrawdownAverage peak-to-trough decline | -16.37% | -10.70% | -5.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.46% | 2.14% | +4.32% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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